BOJ says ready to relax capital, liquidity requirements for banks
TOKYO (Reuters) – In the wake of the coronavirus outbreak, the Bank of Japan on Monday reiterated its stance that it was ready to relax some requirements financial institutions must meet to participate in its market operations.
Even if financial institutions do meet necessary capital buffer and liquidity requirements, they will be eligible as counterparties to the BOJ’s market operations if the central bank deems they will make steady progress in meeting the requirements, it said in a statement issued on Monday.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source : Reuters Link